As the leading organisation representing individual investors, ShareSoc is called upon by the Financial Reporting Council (FRC), to assist with their research on investor requirements. The FRC is the official body tasked with supervising the accounting profession in the UK, setting accounting standards and codes of practice for corporate governance.
Their Financial Reporting Lab has asked for our help in obtaining feedback from our members in its project to research the usefulness of the current “principal risk and viability disclosures” in the annual report and accounts of quoted companies. Part of the project involves looking specifically at the use that private investors make of the risk and viability disclosures.
In order to collect your views, the Lab has developed an on-line survey. It is easy to use and quick to complete, and can be found via the following link: https://www.surveymonkey.co.uk/r/ShareSocJuly
An email has been sent to all members to ask them to assist the FRC’s Financial Reporting Lab by completing the survey. Do complete the survey, if you would like your views to be heard, and influence annual reports in the future.
Cliff Weight, Director, ShareSoc